Aug 8, 2013

blakespotSOASTA, a cloud company that does web and mobile app testing, has announced a $30 million round of funding. The capital comes from existing investors Canaan Partners, Formative Ventures, and Pelion Venture Partners, as well as new investors Macquarie Capital and ROTH Capital. To date, the startup has raised $62.7 million over five rounds of funding, including the most recent round. Its last funding was a Series D in December 2012 in the amount of $12 million. The SOASTA platform lets developers do test automation and performance testing of web and mobile apps. The company also provides CloudTest and CloudTest Lite, which lets engineers and QA folks create and scale performance tests for mobile apps. Its TouchTest product is used for testing multitouch and gesturally controlled apps, and mPulse is the company’s real-time user monitoring product. “SOASTA is uniquely positioned at the intersection of software and cloud computing, mobile and big-data analytics,” said Macquarie Capital SVP Tej Shah in a statement on the funding. The funding is to be used for growth, helping SOASTA to increase its footprint and sales numbers around the world. Earlier this year, SOASTA picked up a patent for “cross-cloud grid provisioning,” a process that lets companies set up tests for their app or web site to see if they can avoid crashes and failures caused by heavy traffic. SOASTA was founded in 2006. The company is based in Mountain View, Calif. Filed under: Deals